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United States Department of Transportation United States Department of Transportation

LA 1 Improvements - Phase 1

LA 1 Improvements - Phase 1
Project Type
Roads and Bridges
Financing Type
Credit Agreement Executed
Louisiana Department of Transportation and Development (LADOTD), Louisiana Transportation Authority (LTA)
Project Description

Phase I of the LA 1 Improvements project includes the development and construction of a fully-access controlled, elevated toll highway on a new location. This toll-financed project located in the State of Louisiana, consists of a two-lane bridge over Bayou Lafourche with interchanges and connection roads immediately north and south of Leeville and includes a two-lane bridge from Leeville South to Port Fourchon on a location that parallels Louisiana Highway 1.

The existing LA 1 required replacement because of subsidence, erosion, and frequent storm damage. In the event of hurricanes, LA 1 is the only highway evacuation route for Port Fourchon and Grande Isle, both of which suffered extensive damage from Hurricanes Katrina and Rita in 2005. 
The project was constructed in phases:

  • Phase 1A: Fourchon to Leeville Bridge - Approximately 7 miles, 40-foot wide, two-lane elevated highway south of Leeville Bridge to LA 3090 in Port Fourchon. (Open to traffic)
  • Phase 1B: Leeville Bridge Approaches and Connector - Two-lane interchanges and connector roads north and south of the Leeville Bridge. (Open to traffic)
  • Phase 1C: Leeville Bridge Replacement - Two-lane, fixed-span, high-level bridge (Tomey J. Doucet Bridge) over Bayou Lafourche. (Open to traffic)
  • Phase 1D: Customer service center, kiosk network, open-road tolling equipment and intelligent transportation systems (ITS). (Completed)
Project Details
TIFIA Assistance
Primary Revenue Pledge
User Charges
Project Cost
Fiscal Year Closed
Phase 1 construction began in March 2006 and was completed in December 2011.
Funding Sources
Total Phase 1 cost is $371.6 million:

Senior revenue bonds - $70.4 million (Redeemed on November 15, 2013)
TIFIA Loan - $66 million (Redeemed on November 15, 2013)
Federal Formula Funds - $42.6 million
Federal Earmarks - $81.6 million
State TTF - $12.9 million
State GO Bonds - $60 thousand
State General Fund Surplus - $63 million
CIAP Funds - $35 million
Project Delivery/Contract Method
Phase 1: One design contract and four design-bid-build-construction contracts.
Project Advisers/Consultants
To Project:

Traffic & Revenue Advisory Services: Wilbur Smith Associates
Traffic & Revenue Advisory Services: URS

Original Financial Advisor: Scully Capital Services, Inc.
Original Legal Advisor: Ballard Spahr
Refinancing Financial Advisor: Scully Capital Services, Inc.
Refinancing Legal Advisor - Baker Botts
Project Lender
Bondholders, USDOT TIFIA
Credit Assistance Detail
Original Direct Loan: $66 million

All project debt will be repaid from toll revenues. The financial plan shows TIFIA principal and interest payments beginning in 2013 with final payment in 2040.

Refinanced Direct Loan: $122 million

All project debt will be repaid from State appropriations subject to the terms of Cooperative Endeavor Agreement between LTA and the State of Louisiana. The financial plan shows TIFIA principal and interest payments beginning in 2014 with final payment in 2046.
Financial Status
Original TIFIA credit agreement signed in May 2005
Along with the $95 million in senior revenue bonds issued at the time of the closing of the TIFIA loan, LTA issued $66 million of low interest Bond Anticipation Notes (BANs) that matured in 2009. When the BANs became due, LTA drew down the TIFIA Loan to repay the BANs. The total amount of the TIFIA Loan, $66 million, was drawn in August, 2009.
Refinancing - TIFIA credit agreement signed on November 6, 2013. LTA also issued $51.53 million in public bonds at the time of the TIFIA Loan closing, which with the TFIA loan was used to redeem the original outstanding debt.
The project is designed so that major portions can be constructed using "end-on-end" construction methods to protect sensitive wetlands and marshes. A movable truss and crane system obviates the need for conventional temporary haul roads and construction pads.
Application Details
Louisiana Transportation Authority (LTA)
LOI Fiscal Year Received
Application Received Fiscal Year
Estimated Project Cost
TIFIA Request
Instrument Type
Direct Loan